Saturday, December 9, 2023

EOS network transaction processing delays, gains exceed 10%

According to Shenzhen TechFlow, on December 9, after the EOS network launched an inscription minting event inspired by Bitcoin Ordinals, EOS inscription minting activities surged, resulting in long delays in transaction processing. EOS block status monitoring data shows that since that afternoon, millions of transactions have been waiting to be processed, and the transaction processing speed of the EOS blockchain has seriously slowed down. Affected by this, the EOS spot price rose by more than 10% intraday. eoss is a blockchain inscription created by the Twitter project on the EOS blockchain, with a total of 21 million coins, each containing 10,000 tokens.


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